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China shifts buying from old crop to new
Story Date: 5/3/2013
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Source: Bryce Knorr, FARM PROGRESS, 5/2/13
Rumors about the soybean market roiled prices this week. First, futures jumped on reports China was back in the market for old crop from the U.S., despite its recent spate of cancelled deals out of both the U.S. and Brazil.
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